Nautilus, Inc. named Bruce M. Cazenave as chief executive officer and M. Carl Johnson, III has been elected non-executive chairman of the Board. Edward J. Bramson has relinquished his role as chief executive officer and chairman and resigned from the boar
Tag: Trade
JJB Says Turnaround Could Take Years as Losses Widen
JJB Sports, the U.K. sporting goods chain, warned that it would take as long as five years to turn around its business as it reported its losses widened in the last year. Pre-tax losses in its year ended Jan. 30 ballooned to 181.4 million pounds ($293.2 m
Chinese Seize 72,000 Pair of Counterfeit Teva Sandals in Xiamen
Deckers Outdoor Corp. confirmed that customs officials in the port city of Xiamen, China seized 36,720 pairs of counterfeit Teva sport sandals with a value of RMB 216,100 ($33,280). A day after asking officials to detain the batch, customer officials seiz
Descente Fiscal Year Profits Jump Despite Flattish Sales Growth
Descente Ltd reported sales for the fiscal year ended March 31 reached ¥75.73 billion ($886 mm), up 0.4 percent from ¥76.02 billion ($819 mm) in the prior fiscal year…
Sierra Designs Creates Dedicated Apparel Sales Team
Sierra Designs announced a new apparel sales team made up of seven industry-leading sales groups…
Outdoor Nation Rebrands with Crowd-sourced Logo and Website Makeover
The Outdoor Foundation officially launched its new logo and website for Outdoor Nation as part of a crowd-sourced rebranding effort coordinated by Hanson Dodge Creative (HDC) that solicited input from industry executives and Outdoor Nation youth ambassado
PacSun Reports Q1 Sales Dip 2%
Pacific Sunwear of California, Inc. announced that net sales for the first quarter of fiscal 2011 ended April 30, 2011 were $186 million, a decrease of 2 percent from net sales of $190 million for the first quarter of fiscal 2010 ended May 1, 2010…
Invista to Invest $100M in Brazilian Lycra Plant
Invista is investing more than $100 million in a new Lycra fiber production plant in Paulínia, São Paulo State in Brazil. Construction for the expansion project will begin immediately, with an expected opening in late 2012…
Mizuno Corp. Fiscal Year Profits Soar on Strength in Americas and Europe
With brawny sales in the Americas and Europe offsetting some softening in Japan, Mizuno Corp. was able to squeeze out a 0.9 percent gain in revenues to ¥150.0 billion ($1.85 bn) for the fiscal year ended March 31. Revenues increased 2.8 percent in curren
Container Imports Level Off for First Time in 18 Months
Import cargo volume at the nation's major retail container ports is forecast to level off this month at about the same numbers as last year after nearly 18 months of year-over-year gains, according to the monthly Global Port Tracker report released b
Keen Expands U.S. Production
Keen said it now expects to build 13 footwear styles in its new plant in Portland, OR in coming years. With one production line up and running, the facility currently employs about 15 people, a number that will grow when the second production line revs up
Hibbett Sports’ Q1 Earnings Climb 23.1 Percent, Comps Ahead 6.8 Percent
Hibbett Sports, Inc. reported sales increased 10.4 percent for the first quarter ended April 30, to $203.7 million on a 6.8 percent comp gain. Net income for the 13-week period climbed 23.1 percent to $21.3 million, or 76 cents a share. The improved mome
Product Architects Launches Wellness and Fitness Program
Product Architects, Inc., maker of the Polar Bottle, has begun a wellness and fitness program to cultivate camaraderie and foster healthy lifestyles among its employees. The initiative includes professional health consultations as well as a fitness compon
Virginia Congressman Lobbying Universities to Ban Chinese Product
U.S. Representative Frank Wolf, R-VA, told Bloomberg News that he will press Virginia’s universities to stop selling apparel and other products made in China for the same reasons Notre Dame prohibits its licensees from emblazoning its name and logo
Timberland Launches Geocaching Campaign in Europe
Timberland has launched a GPS-enabled treasure hunt that spans six European cities to promote its Earthkeeper footwear range. The Trail of Heroes campaign will run in Berlin, Brussels, London, Madrid, Milan and Paris until June…
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